| SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) |
NOTE
11 – SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
| |
|
Quarter Ended |
|
| |
|
December 31,
2023 |
|
|
September 30,
2023 |
|
|
June 30,
2023 |
|
|
March 31,
2023 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Investment Income |
|
$ |
518,826 |
|
|
$ |
513,278 |
|
|
$ |
740,055 |
|
|
$ |
708,734 |
|
| Total Operating Expenses |
|
|
393,392 |
|
|
|
354,352 |
|
|
|
419,818 |
|
|
|
431,764 |
|
| Income Tax Expense |
|
|
59,363 |
|
|
|
174 |
|
|
|
5,456 |
|
|
|
- |
|
| Net Investment Income |
|
|
66,071 |
|
|
|
158,752 |
|
|
|
314,781 |
|
|
|
276,970 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Realized Loss on Investments |
|
|
(1,200 |
) |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Net Change in Unrealized Appreciation/(Depreciation) |
|
|
(919,008 |
) |
|
|
(941,952 |
) |
|
|
2,160,718 |
|
|
|
(1,294,032 |
) |
| Net Increase (Decrease) in Net Assets Resulting from Operations |
|
$ |
(854,137 |
) |
|
$ |
(783,200 |
) |
|
$ |
2,475,499 |
|
|
$ |
(1,017,062 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Increase (Decrease) in Net Assets from Operations per Common
Share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
(0.007 |
) |
|
$ |
(0.007 |
) |
|
$ |
0.021 |
|
|
$ |
(0.008 |
) |
| Diluted |
|
$ |
(0.007 |
) |
|
$ |
(0.007 |
) |
|
$ |
0.021 |
|
|
$ |
(0.008 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted Average Common Shares Outstanding - Basic |
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|
|
120,486,061 |
|
| Weighted Average Common Shares Outstanding - Diluted |
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|
|
120,486,061 |
|
| |
|
Quarter Ended |
|
| |
|
December 31,
2022 |
|
|
September 30,
2022 |
|
|
June 30,
2022 |
|
|
March 31,
2022 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Investment Income |
|
$ |
454,302 |
|
|
$ |
433,260 |
|
|
$ |
425,799 |
|
|
$ |
241,282 |
|
| Total Operating Expenses |
|
|
490,674 |
|
|
|
705,916 |
|
|
|
578,244 |
|
|
|
558,307 |
|
| Income Tax Expense |
|
|
- |
|
|
|
- |
|
|
|
456 |
|
|
|
- |
|
| Net Investment Loss |
|
|
(36,372 |
) |
|
|
(272,656 |
) |
|
|
(152,901 |
) |
|
|
(317,025 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Realized Gain on Investments |
|
|
4,368,297 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Net Change in Unrealized Appreciation/(Depreciation) |
|
|
(3,407,385 |
) |
|
|
7,255,747 |
|
|
|
(11,550 |
) |
|
|
(779,230 |
) |
| Net Increase (Decrease) in Net Assets Resulting from Operations |
|
$ |
924,540 |
|
|
$ |
6,983,091 |
|
|
$ |
(164,451 |
) |
|
$ |
(1,096,255 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Increase (Decrease) in Net Assets from Operations per Common
Share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
0.008 |
|
|
$ |
0.058 |
|
|
$ |
(0.001 |
) |
|
$ |
(0.009 |
) |
| Diluted |
|
$ |
0.008 |
|
|
$ |
0.058 |
|
|
$ |
(0.001 |
) |
|
$ |
(0.009 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted Average Common Shares Outstanding - Basic |
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|
|
120,486,061 |
|
| Weighted Average Common Shares Outstanding - Diluted |
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|
|
120,486,061 |
|
| |
|
Quarter Ended |
|
| |
|
December 31,
2021 |
|
|
September 30,
2021 |
|
|
June 30,
2021 |
|
|
March 31,
2021 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Investment Income |
|
$ |
361,663 |
|
|
$ |
357,695 |
|
|
$ |
78,015 |
|
|
$ |
77,163 |
|
| Total Operating Expenses |
|
|
588,863 |
|
|
|
401,238 |
|
|
|
383,730 |
|
|
|
380,491 |
|
| Income Tax Expense |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Net Investment Loss |
|
|
(227,200 |
) |
|
|
(43,543 |
) |
|
|
(305,715 |
) |
|
|
(303,328 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Realized Gain/(Loss) on Investments |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Net Change in Unrealized Appreciation/(Depreciation) |
|
|
1,967,671 |
|
|
|
(1,630,575 |
) |
|
|
8,126,090 |
|
|
|
4,410,052 |
|
| Net Increase (Decrease) in Net Assets Resulting from Operations |
|
$ |
1,740,471 |
|
|
$ |
(1,674,118 |
) |
|
$ |
7,820,375 |
|
|
$ |
4,106,724 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Increase (Decrease) in Net Assets from Operations per Common
Share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
0.014 |
|
|
$ |
(0.014 |
) |
|
$ |
0.065 |
|
|
$ |
0.034 |
|
| Diluted |
|
$ |
0.014 |
|
|
$ |
(0.014 |
) |
|
$ |
0.065 |
|
|
$ |
0.034 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted Average Common Shares Outstanding - Basic |
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|
|
120,486,061 |
|
| Weighted Average Common Shares Outstanding - Diluted |
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|
|
120,486,061 |
|
|